NEW: use B2B SEPA direct debit to easily fund your iBanFirst account

Edouard

April 25, 2019 11:39

Updated

You can now sign and use a B2B SEPA direct debit (SDD) mandate to easily fund your iBanFirst account directly from your iBanFirst platform, instead of loging to your bank platform and manually making a wire transfer to your iBanFirst account.

Summary

Sign the B2B SDD mandate

Send the mandate to your bank

Use the mandate to fund your iBanFirst account

Sign the B2B SDD mandate to your bank

The B2B SDD mandate can be signed when connecting a bank account to iBanFirst platform. Simply connect to your bank, select the account to be synced, and check the "SEPA direct debit" option:

[Screenshot]

Send the mandate to your bank

Once signed, you need to send the mandate to your bank to have it registered. We do €1 test direct debits to confirm that the mandate has been correctly registered. The mandate is considered as active after a first successful direct debit. You receive notification emails for each successful or failed direct debit.

Use the mandate to fund your iBanFirst account

Once the mandate is active, you can simply and easily credit your iBanFirst account by clicking on "Credit from external account"!